________ is the term for the societal costs associated with air pollution from diesel trucks that transport products from factories to stores.
A)Externalities
B)Internalities
C)Sustainability costs
D)Lifecycle costs

Question

Quizplus · Accepted Answer

Externalities are the costs or benefits to individuals or society as a whole that are not reflected in the market price of a good or service. The air pollution caused by diesel trucks transporting products from factories to stores is an example of an externality as it imposes costs on society in the form of health problems, environmental damage, and increased healthcare costs. These costs are not considered in the price of the products being transported and are thus external to the market.

________ Is the Term for the Societal Costs Associated with Air